Chinese swimmer Chen Xinyi has been banned for two years after failing a drug test at the Rio Olympics, the sport's governing body (FINA) said. Chen finished fourth in the women's 100 metres butterfly at Rio but did not start in the 50m freestyle heats after Chinese state media reported she had tested positive for the diuretic hydrochlorothiazide. "The FINA Doping Panel decided ... to impose on the athlete a period of two years’ ineligibility, starting on 11 August 2016 and ending on 10 August 2018 for her first anti-doping rule violation," FINA said in a statement. More »

Twenty-First Century Fox Inc's plan to buy the remaining stake in Sky Plc further insulates the Murdoch family-owned media company from a U.S. television advertising market roiled by sagging ratings, experts said. In a highly-anticipated move, Rupert Murdoch's Twenty-First Century Fox struck a preliminary deal on Friday to buy the 61 percent of British pay-TV firm Sky Plc it does not already own for around $14 billion (£11.1 billion). Owning Sky would give Fox, whose cable networks include Fox News and FX, subscription revenue from a pay-TV network spanning 22 million households in Europe, a market which has not been as affected as the United States by cord-cutters who drop cable subscriptions in favour of online subscription services. More »